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November 25th , 2024

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MANCHESTER UNITED ARE 'NOW SERIOUSLY CONSIDERING' ONE SALE OUTCOME AS TAKEOVER TWIST EMERGES

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Sports

A year ago



A respected journalist has provided an important update on the status of the Manchester United deal amid reports of a new party preparing to join the process.



US private equity firm Carlyle is poised to make a "significant investment" in the club.


Sky News announced on Saturday morning that the company has offered to buy a minority stake in the club, which is now owned by the Glazer family.


However, Carlyle declined to comment on the reports and it is not clear how much capital they are willing to provide.



There are three publicly confirmed offers for United at this stage of the process. Qatari businessman Sheikh Jassim, through his Nine Two fund, is aiming for a complete takeover of the club, while Sir Jim Ratcliffe and Ineos' bid is aimed at acquiring a majority stake in the house. Glazer.


Meanwhile, The Times reported last month that Elliott Management - the former owner of AC Milan - had made an offer to buy back a minority stake in the club.


Now there has been a new development.


Update on certain Man Utd takeover

According to The Independent's Miguel Delaney, United are "seriously considering" a minority investment in the club.


Additionally, Carlyle and Elliott Management are considered favorites to buy a minority stake from the Glazer family, should the American owners decide that is the best course of action. Meanwhile, the same source reports that other investment firms - Sixth Street and Ares - are said to have "shown interest" in United.


The possibility of a minority stake sale was hinted at by The Times last month, as part of United's home stadium, Old Trafford.


The report suggested that Elliott's offer would be considered "attractive" to the Glazers, given the list price for the stadium redevelopment.


The cost of building a new stadium on the Old Trafford site - as Tottenham have done - is said to cost between £1-2 billion.


Meanwhile, United could expand the current stadium to 88,000 seats, by increasing the capacity of the Sir Bobby Charlton stand, at an estimated cost of around £200m. The report also suggests that a refurbished and successful stadium under Erik ten Hag could increase the value of the club as an asset - something the Glazers could count on in the future. sale process.  

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